During this week, there were 59 homes that were put on the market…ranging from $70,000 to $899,995.
The Average Price of these newly listed homes came in at $308,028, with an Average Square Foot Price of $100.81.
The Median Price was $274,000 & the Median Price Per Square Foot was $95.50.
Here is a breakdown of the numbers for the newly listed homes…
During the same week long period, there were 21 homes sold, with selling prices ranging from $135,000 to $1,200,000.
The Average Sales price was $353,146 and the average square foot price was $108.37…with an average of 82 days on the market.
The Average List Price to Sales Price Ratio was 97.4%.
The Median Sales Price came in at $245,000 with a Median price per square foot price of $95.38.
The Median List Price to Sales Price Ratio was 97.8%
Here is a breakdown of the numbers for the sold properties during this 7 day period…
This time of the year is typically one of the slowest. However, it is nice to see that our market is still quite active & that people are getting out & taking advantage of the historically low interest rates. As of December 11th, there were 149 pending sales in the area…so it looks like we may see a nice rush of closings here at the end of the year!